Based Finance

Based Finance

BASED
$0.015368852%-18.64

Key Metrics

Price$0.015368852
Real Volume (24H)$1,498.07
Marketcap$252,356.68
Fully Diluted Valuation$909.29
ATH$41.16
ATH Date2/8/2022, 9:38:18 AM
ATL$0.00539518
ATL Date10/4/2022, 11:46:15 AM
Circulating SupplyN/A
Total Supply34K
WebsiteN/A
WhitepaperN/A
Popularity Rank3159
Chart
What is Based Finance?

Based Finance is a decentralized algorithmic token that is built on the FTM network. It is called $BASED and is fixed 1:1 with $TOMB through seigniorage. The project is a big supporter of TOMB's seigniorage system, which has been operating successfully for months. To support TOMB's protocols, BASED is now connected to TOMB, which will provide new use cases for TOMB and increase its liquidity in the Fantom ecosystem.

By exposing TOMB, BASED aims to highlight its recent success, which will ultimately benefit both projects. As a decentralized, utility-based token, BASED has several exciting features. The seigniorage system allows the token supply to be adjusted based on market demand, ensuring that the price of BASED remains stable. This feature makes it a reliable and safe investment for traders and investors.

The BASED team is committed to providing the best possible user experience for their community. They believe that the key to building a strong community is by listening to their needs and making changes that benefit them. The team is constantly working on improving the token's features to ensure that it remains attractive to investors and traders.

The project has an exciting roadmap for the future. The team plans to introduce new features and partnerships to expand the use cases for BASED. They also plan to launch a mobile app that will allow users to easily access and manage their BASED tokens.

One of the significant advantages of BASED is its use of the Fantom network, which provides fast and cheap transactions. The network is also secure and reliable, making it an excellent choice for decentralized finance (DeFi) projects like BASED.

In conclusion, BASED Finance is a promising DeFi project that offers exciting features and benefits for its community. With its connection to TOMB and the Fantom network, the project is well-positioned to succeed and grow in the future. The team's commitment to providing the best possible user experience and their roadmap for the future is a testament to their dedication to the project's success.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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